JNPA to Build Rs10B Green HQ at Mumbai Port by 2027

26 Mar 2025 CW Team

Jawaharlal Nehru Port Authority (JNPA) will construct a Rs10 billion (Rs1,000 crore) corporate office at Malet Bunder in the Mumbai Port Area, with completion expected by April 2027. The 20+ storey building will also accommodate several port-allied organisations.

New Corporate Hub for JNPA Currently operating from a rented office at Nariman Point, JNPA has received in-principle approval from the Ministry of Ports, Shipping and Waterways (MoPSW) for the development. The building will be constructed on 3.16 acres of leased land from Mumbai Port Authority (MbPA) for Rs4 billion (Rs400 crore), with a total project cost nearing Rs10 billion.

Located next to Ferry Wharf and the Domestic Cruise Terminal, the office will serve as the headquarters for JNPA and Vadhvan Port Project Ltd. It will also provide office space for organisations like the Director General of Shipping, Indian Ports Global Limited (IPGL), and Indian Port Rail and Ropeway Corporation Limited (IPRCL). JNPA has also offered space to the Maharashtra government and private operators under public-private partnership (PPP) arrangements.

Sustainability & Modern Facilities Designed as a highest-rated Green Building, the headquarters will include:

Digital observatory on the top floor

Auditorium-cum-hall for 2,000 people

9 lakh sq. ft. of floor space with an FSI of 4.0

Engineers India Limited (EIL) has been appointed for design, engineering, and project management.

Chairperson’s Statement Unmesh Sharad Wagh, Chairperson, JNPA, stated, “We continue to advance our infrastructure to support growing trade demands. JNPA's vision for excellence extends beyond port operations to creating world-class infrastructure. The development of our Corporate Office at Malet Bunder in the Mumbai Port Area reflects our commitment to efficiency and seamless coordination.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..